Reddit IPO to Raise up to $748 Million Through Stock ... The offering would give Reddit a top valuation of about $6.4 billion — less than the $10 billion it had been valued at in 2021 after a ...

Reddit is reportedly being advised to target a valuation of at least $5 billion as it prepares to potentially go public this year – a fraction of what the social media site was said to be worth ...

Reddit's IPO could mark a turning point in the tech offering market, following a drought since Pinterest in 2019. While most of the media hype is centred around the valuation, here's a little peek ...

Reddit’s most recent primary round in 2021 raised $410 million at a $10 billion valuation from investors, including Fidelity, Quiet Capital and Montauk Ventures, among others. The market has ...

Reddit last disclosed in 2019 that it had 330 million monthly active users. It hasn’t given an updated count since then, though its IPO filing said the site saw 500 million visitors in December ...

Reddit is eyeing an initial public offering as early as the first quarter of 2024. Potential investors are advising it to target at least a $5 billion valuation, Bloomberg reported.

Reddit is targeting a valuation of up to $6.4 billion as it gets for its initial public offering later this month. Continue to Deadline SKIP AD You will be redirected back to your article in seconds ...

The IPO price per share ranges between $31 and $34; Reddit aims to raise a substantial $748 million with a targeted launch valuation of $6.4 billion.

Reddit's IPO will make its debut on the New York Stock Exchange on Thursday with the ticker RDDT. The company's target valuation is $6.4 billion, with shares estimated to cost between $31 and $34.

Reddit expects the IPO will range in price between $31 and $34 per share. At the midpoint of that range, the California-based company would raise about $451 million, and it plans to use the ...

In its original IPO filing last month, Reddit reported 2023 revenue of $804.0 million, up 21% year over year, and a net loss of $90.8 million in 2023, compared with a $158.6 million loss the year ...